Linde PLC $LIN Shares Bought by Mirova

Mirova increased its position in Linde PLC (NASDAQ:LIN) by 10.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,206 shares of the basic materials company’s stock after buying an additional 1,937 shares during the quarter. Linde comprises approximately 1.4% of Mirova’s holdings, making the stock its 21st largest position. Mirova’s holdings in Linde were worth $9,598,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Darwin Wealth Management LLC bought a new stake in Linde in the second quarter worth about $25,000. Marquette Asset Management LLC bought a new stake in shares of Linde in the 3rd quarter worth approximately $27,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Linde in the 3rd quarter worth approximately $29,000. YANKCOM Partnership boosted its holdings in Linde by 195.2% during the third quarter. YANKCOM Partnership now owns 62 shares of the basic materials company’s stock worth $29,000 after buying an additional 41 shares in the last quarter. Finally, Guerra Advisors Inc bought a new position in shares of Linde in the third quarter valued at $30,000. Institutional investors own 82.80% of the company’s stock.

Linde Stock Down 1.1%

NASDAQ:LIN opened at $488.57 on Thursday. The business’s fifty day moving average price is $471.15 and its 200 day moving average price is $450.53. The firm has a market capitalization of $226.40 billion, a price-to-earnings ratio of 33.49, a PEG ratio of 3.25 and a beta of 0.82. The company has a current ratio of 0.88, a quick ratio of 0.74 and a debt-to-equity ratio of 0.52. Linde PLC has a 1-year low of $387.78 and a 1-year high of $510.65.

Linde (NASDAQ:LIN) last released its earnings results on Thursday, February 5th. The basic materials company reported $4.20 earnings per share for the quarter, beating the consensus estimate of $4.18 by $0.02. The company had revenue of $8.76 billion for the quarter, compared to analysts’ expectations of $8.64 billion. Linde had a return on equity of 19.52% and a net margin of 20.30%.The business’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.97 EPS. Linde has set its Q1 2026 guidance at 4.200-4.300 EPS and its FY 2026 guidance at 17.400-17.900 EPS. On average, sell-side analysts forecast that Linde PLC will post 16.54 earnings per share for the current fiscal year.

Linde Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be paid a $1.60 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $6.40 annualized dividend and a yield of 1.3%. This is a boost from Linde’s previous quarterly dividend of $1.50. Linde’s dividend payout ratio (DPR) is currently 43.87%.

Insider Activity at Linde

In other Linde news, EVP Sean Durbin sold 6,520 shares of the stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $477.27, for a total value of $3,111,800.40. Following the completion of the sale, the executive vice president owned 8,151 shares in the company, valued at $3,890,227.77. This represents a 44.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Guillermo Bichara sold 9,455 shares of Linde stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $480.45, for a total transaction of $4,542,654.75. Following the sale, the vice president directly owned 22,138 shares of the company’s stock, valued at $10,636,202.10. This trade represents a 29.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 20,332 shares of company stock worth $9,749,257. Company insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on LIN. DZ Bank cut Linde from a “buy” rating to a “hold” rating and set a $460.00 target price on the stock. in a report on Tuesday, February 10th. Citigroup boosted their price objective on Linde from $540.00 to $545.00 and gave the stock a “buy” rating in a report on Friday, February 6th. UBS Group reiterated a “buy” rating on shares of Linde in a report on Wednesday, March 11th. JPMorgan Chase & Co. upgraded shares of Linde from a “neutral” rating to an “overweight” rating and upped their price target for the company from $455.00 to $525.00 in a research report on Friday, March 13th. Finally, Mizuho set a $525.00 price objective on shares of Linde in a research note on Friday, February 6th. Two analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $515.20.

Linde Profile

Linde (NASDAQ: LIN) is a multinational industrial gases and engineering company that supplies gases, related technologies and services to a wide range of industries. The company traces its current form to the 2018 combination of Germany’s Linde AG and U.S.-based Praxair, creating one of the largest global providers of industrial, specialty and medical gases. Linde’s business model centers on production, processing and distribution of gases as well as the design and construction of the plants and equipment needed to produce them.

Core products and services include atmospheric and process gases such as oxygen, nitrogen and argon; hydrogen and helium; carbon dioxide; and a portfolio of higher‑value specialty and electronic gases.